Technical Analysis for ITP - Intertape Polymer Group Inc.

Grade Last Price % Change Price Change
D 25.35 3.89% 0.950
ITP closed up 0.08 percent on Friday, December 3, 2021, on 80 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical ITP trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 3.89%
Oversold Stochastic Weakness 3.89%
Inside Day Range Contraction 3.98%
Wide Bands Range Expansion 3.98%
Oversold Stochastic Weakness 3.98%
Wide Bands Range Expansion 5.41%
Down 3 Days in a Row Weakness 5.41%
Oversold Stochastic Weakness 5.41%
1,2,3 Retracement Bearish Bearish Swing Setup 3.60%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.60%
Older End-of-Day Signals for ITP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 1 ATR about 2 hours ago
Up 3% about 2 hours ago
Up 2% about 3 hours ago
Rose Above Previous Day's High about 4 hours ago
Rose Above 10 DMA about 4 hours ago
View Earlier Intraday Alerts

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Profile

Intertape Polymer Group Inc. Description

Intertape Polymer Group Inc is a Canada-based company, which operates in the specialty packaging industry in North America. It develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use. Its products consist of carton sealing tapes, including pressure sensitive and water-activated tapes; industrial and performance specialty tapes, including masking, duct, electrical and reinforced filament tapes; shrink film; stretch wrap; lumberwrap, structure fabrics and geomembrane fabrics, and non-manufactured flexible intermediate bulk containers. The Company operates in the United States, Canada and other countries. Its subsidiaries include Intertape Polymer Corp., IPG (US) Holdings Inc., IPG (US) Inc., Intertape Polymer Inc., FIBOPE Portuguesa-Filmes Biorientados, S.A. and Intertape Polymer Europe GmbH.


Classification

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: Retail Manufacturing Water Media Specialty Paper Matter Skin Packaging Containers Lumber Films Packaging And Labeling Packaging Materials Membrane Polyethylene Tape

Is ITP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.88
52 Week Low 22.37
Average Volume 176,398
200-Day Moving Average 28.342
50-Day Moving Average 27.474
20-Day Moving Average 26.159
10-Day Moving Average 24.828
Average True Range 0.732
ADX 44.43
+DI 9.425
-DI 30.833
Chandelier Exit (Long, 3 ATRs) 28.445
Chandelier Exit (Short, 3 ATRs) 26.145
Upper Bollinger Bands 30.236
Lower Bollinger Band 22.081
Percent B (%b) 0.28
BandWidth 31.172
MACD Line -1.059
MACD Signal Line -0.947
MACD Histogram -0.1115
Fundamentals Value
Market Cap 1.44 Billion
Num Shares 59 Million
EPS 1.14
Price-to-Earnings (P/E) Ratio 21.40
Price-to-Sales 0.95
Price-to-Book 3.84
PEG Ratio 3.16
Dividend 0.82
Dividend Yield 3.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.135
Resistance 3 (R3) 25.143 24.907 25.013
Resistance 2 (R2) 24.907 24.719 24.903 24.972
Resistance 1 (R1) 24.653 24.604 24.645 24.645 24.931
Pivot Point 24.417 24.417 24.413 24.413 24.417
Support 1 (S1) 24.163 24.229 24.155 24.155 23.869
Support 2 (S2) 23.927 24.114 23.923 23.828
Support 3 (S3) 23.673 23.927 23.788
Support 4 (S4) 23.665